Binance Singapore supports real-time 24/7 SGD deposit/withdrawal functionality using Singapore’s FAST which in full means Fast and Secure Transfers; electronic funds transfer service, which “enables customers of the participating banks to transfer Singapore Dollar funds from one bank to another in Singapore almost instantly.”

On 15 September 2018, Changpeng Zhao, Co-Founder and CEO at Binance, mentioned during day two of the Consensus: Singapore 2018 conference that “closed beta testing” of Binance Singapore would be starting on 18 September 2018 and the platform is on ground.